Powell Says He's Not Worried By Cord-Cutters As
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Posted On: 06/13/2014 3:24:00 PM
Powell Says He's Not Worried By Cord-Cutters
Asked whether cable had matured in terms of growth and whether its future now lay in broadband, Powell conceded the cable side had matured, pointing out that its share, once 90% of the pay TV
market, had been reduced to about 50% with the growth of satellite and telco competition. In fact, he pointed out, two of the top three MVPD's are satellite companies, and the fifth and sixth are the
phone companies. But he said cable ops are attacking both sides of the equation for growth, which is to lower costs and find new areas of growth.
http://www.multichannel.com/powell-says-hes-n...ers/375121
.......Keep On Streamin'
Asked whether cable had matured in terms of growth and whether its future now lay in broadband, Powell conceded the cable side had matured, pointing out that its share, once 90% of the pay TV
market, had been reduced to about 50% with the growth of satellite and telco competition. In fact, he pointed out, two of the top three MVPD's are satellite companies, and the fifth and sixth are the
phone companies. But he said cable ops are attacking both sides of the equation for growth, which is to lower costs and find new areas of growth.
http://www.multichannel.com/powell-says-hes-n...ers/375121
.......Keep On Streamin'
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